L-3 Forms $1.2 Bn Marine and Power Systems Group

Focus is on Growth Opportunities, Business Synergies

(New York, March 11, 2008) -- L-3 Communications (NYSE: LLL) announced today a strategic realignment of businesses in its Specialized Products segment to form the Marine and Power Systems Group. This new $1.2 billion group includes Power and Control, Automation, Navigation, Undersea Warfare and Offshore businesses. It will be better positioned to leverage growth opportunities and serve military and commercial customers.


"We are taking an increasingly integrated approach to business," said Michael T. Strianese, president and CEO of L-3 Communications. "This realignment will help strengthen organic growth, provide a more unified focus upon the customer and broaden our systems capability."

L-3's Ocean Systems businesses, currently in the Sensors and Simulation Group, will be consolidated with the Power and Control Systems Group resulting in a line of ocean and undersea warfare and sonar products along with power and control systems to provide integrated systems for its customers.

Steven Kantor, currently corporate vice president and group president of L-3's Power and Control Systems, will lead the newly aligned Marine and Power Systems Group.

Source : L-3 Communications